Thrift Savings Plan For All Part Two

Jill on Money with Jill Schlesinger

Audacy

Investing, Education, Business, Self-improvement

4.6 • 1.9K Ratings

🗓️ 19 September 2021

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

This weekend on the show we're joined by labor economist Teresa Ghilarducci and her new co-author, Kevin Hassett (former Trump administration CEA Chair) to discuss their recently released white paper outlining a plan to help millions of Americans build retirement wealth.

The duo attempt to generate a practical solution to the savings crisis, with their proposal showing the impact of expanding access to a savings and investment program for lower-income Americans modeled after the highly successful federal Thrift Savings Plan (TSP).

You can read the full paper here.

Have a money question? Email us, ask jill [at] jill on money dot com.

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Transcript

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0:58.2	Your Business Journey with Gold Daddy.
1:04.0	Welcome to the Jill on Money Podcast.
1:05.9	It is Sunday, September 19th.
1:08.7	And we are giving you the second part of our interview with Theresa Giller-Ducci and Kevin
1:14.9	Hassett.
1:15.4	Yep, one's left, one's right.
1:17.2	They came up with a game plan.
1:18.6	And the game plan is a simple one.
1:20.6	It's kind of like they went through the whole retirement planning landscape.
1:25.2	And they said 401K is not really working.
1:28.0	Not many companies have the actual ability to provide because they're small companies.
1:33.7	They don't have the ability to provide plans to people.
	...

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